Ferrari launched new Hybrid Model

Ferrari revealed the new 296-GTS convertible yesterday on Tuesday, which is its fourth plug-in hybrid model, because the luxury sports car maker is moving forward with latest electric strategy.

This is similar to Ferrari's previous three hybrid models that went into full series production - the SF 90 Stradale in 2019, a convertible version of it also known as the SF90 Spider.

What is the price?

 The 296 GTS is a convertible version of the current 296 GTB, with a retractable hard top, priced at around $ 324,000 Or 300,000 Euros for a luxury car.

Delivery of the new model will be started from Europe in 2023 and the rate will be confirmed in time.

When to Launch?

 The new model will be launched in the European market in early 2023 and its price will be confirmed at the same time.

Another new model of Ferrari:

 Another much-awaited Purosangue (Thoroughbred) is planned for the release of another new model in the coming months. It will be Ferrari's first sport utility vehicle (SUV) and will bring the company into a for-profit segment where direct competitors such as Volkswagen's Lamborghini already exist.